One Rock Capital Partners Completes Acquisition Of North Pacific Paper Company

2 November 2016

One Rock Capital Partners, LLC announced that one of its affiliates has completed the acquisition of North Pacific Paper Company, LLC. The transaction was initially announced in early October 2016 and financial terms of the transaction were not disclosed.

Located in Longview, Washington, NORPAC is a leading manufacturer of newsprint and various publication paper products. The company, which was established as a joint venture between Weyerhaeuser Company ("Weyerhaeuser") and Nippon Paper Industries ("NPI"), supplies products to customers throughout North America and internationally.

The company will be led by chief executive officer, Craig Anneberg, who previously served as the Mill Manager and has worked within the Weyerhaeuser organization for more than 35 years. Craig will be joined by an experienced management team who have all held senior leadership positions at NORPAC for the past several years.

 

Source : finance.yahoo.com